Posting will be light this month — I’m travelling through August. You might prefer the shorter format anyway.
🌍 MACRO
Macro stays favorable for stocks. Credit conditions and monetary policy are both in a good place, with no sign of changing.
Hormuz remains the biggest threat. A disruption there lifts oil, and oil lifts inflation. Crude sits at $83, down from the ~$100 July peak — pressure easing, not gone.
Nothing to do yet. Monitor and adapt.
📊 INDEX & SECTORS
S&P 500 +3.6% on the week. Nasdaq +5%. A very strong week.
Under the hood: technology is leading again after the July correction. This remains a tech-driven market, with future technologies pulling the index higher — AI, robotics, quantum computing. Cybersecurity, semiconductors, quantum computing, software and biotech all closed strong.
💼 PORTFOLIOS
10X MOMENTUM
Below is the portfolio as it stands today.
No convincing breakout this week. Most setups on my watchlist are too extended to enter. So instead I’m sharing the top watchlist names ranked by relative strength.
10X EASY DOUBLES PORTFOLIO
Below is the portfolio as it stands today.
Selling ARDX at Monday’s open. Adding CHYM.
Strong breakouts on the watchlist this week: CHYM, ZETA, AUTL, HALO, GLBE. (see below).
This is not investment advice. Please consult a licensed financial advisor before making any investment decisions.
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